Alaska Communications Systems Inc Ret. on equity
What is the Ret. on equity of Alaska Communications Systems Inc?
The Ret. on equity of Alaska Communications Systems Group Inc is -1.75%
What is the definition of Ret. on equity?
Return on equity is a measure of the profitability of a business in relation to the book value of the shareholder equity. It is computed by dividing fiscal year net income by total shareholder equity.
ttm (trailing twelve months)
The return on equity (ROE) ROE is a measure of how well a company uses investments to generate earnings growth. ROE is used for comparing the performance of companies in the same industry. It indicated the management's ability to generate income from the equity available to it. ROEs of 15-20% are generally considered good. ROEs are also a factor in stock valuation, in association with other financial ratios. In general, stock prices are influenced by earnings per share (EPS), so that stock of a company with a 20% ROE will generally cost twice as much as one with a 10% ROE.
Ret. on equity of companies in the Communication Services sector on NASDAQ compared to Alaska Communications Systems Inc
What does Alaska Communications Systems Inc do?
Alaska Communications is the leading provider of advanced broadband and managed IT services for businesses and consumers in Alaska. The company operates a highly reliable, advanced statewide data network with the latest technology and the most diverse undersea fiber optic system connecting Alaska to the contiguous U.S.
Companies with ret. on equity similar to Alaska Communications Systems Inc
- ZetaDisplay AB (publ) has Ret. on equity of -1.78%
- Aerometrex has Ret. on equity of -1.77%
- Titagarh Wagons has Ret. on equity of -1.77%
- Allied has Ret. on equity of -1.76%
- Ascot Resources has Ret. on equity of -1.76%
- Ascot Resources has Ret. on equity of -1.76%
- Alaska Communications Systems Inc has Ret. on equity of -1.75%
- Viomi Technology Co., Ltd has Ret. on equity of -1.75%
- Sunlight Tech Hldg Ltd has Ret. on equity of -1.75%
- Monarch West Ventures Inc has Ret. on equity of -1.75%
- Repro India has Ret. on equity of -1.75%
- Nagreeka Exports has Ret. on equity of -1.75%
- ECO Animal Health plc has Ret. on equity of -1.75%